Business

Ex-London brokers bet on Marmite in Luxembourg's Brexit haven

Mark Hollis and John Heffernan set up grocery store, offering financiers fleeing the City a steady supply of UK staples such as Yorkshire Tea and Marmite yeast extract.

bloomberg

10.12.2017

Two former London brokers in Luxembourg have hit on an old-fashioned way to hedge against Brexit.

Briton Mark Hollis, 50, and his Irish business partner John Heffernan, 52, set up a grocery store, offering financiers fleeing the City a steady supply of UK staples such as Yorkshire Tea and Marmite yeast extract.